LDX lumos diagnostics holdings limited

LDX shareholder equity before any products and FDA approval sits...

  1. 1,067 Posts.
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    LDX shareholder equity before any products and FDA approval sits around 7.5c (~$31m AUD in shareholder equity)

    Approval of FebriDx under a 510(k) FDA submission normally costs around an average $31m USD (~$48m AUD) depending on complexity, putting shareholder equity value at around $79m AUD or 19c.

    That is before any agreements or sales into a roughly $170 billion USD, US medical devices market. So undervalued!!!

    I think someone should start a $1 party thread!

    https://hotcopper.com.au/data/attachments/5506/5506386-b2abe6ee07a3cf93bea5622a8d7dda2e.jpg




 
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Last
2.6¢
Change
-0.001(3.70%)
Mkt cap ! $19.46M
Open High Low Value Volume
2.6¢ 2.6¢ 2.6¢ $3.617K 139.1K

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2.7¢ 697354 2
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Last trade - 15.59pm 27/06/2025 (20 minute delay) ?
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